61xx Lakeland Avenue N, Crystal, MN 55428
- Added:
- Jan 30, 2026
- Days on Market:
- 151
- Last Refresh:
- Jun 30 at 3:06 am
Property Features for 61xx Lakeland Avenue N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 3, Basement, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 5, Bedroom 7, Bedroom 6, Bathroom 4, Bathroom 6, Bathroom 1
- Parking features
- Garage - Attached
- Exterior features
- Brick/Stone, Vinyl
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Pending
- Size
- 3,549 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 418
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 2026
- Building materials
- Block, Stone
- Roof type
- Shingle
Listing agent Shawn C Rogers (763) 746-4900
Listing office Keller Williams Classic Realty 1740 116th Ave. NW Suite #100, Coon Rapids, MN (763) 746-4900
Listing date Jan 30, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Under construction home built in 2026 with shingle roof and forced‑air heating
- Two fully separated but attached homes for multi‑generational or partial rental flexibility
- Primary home: 3 levels with 5 bedrooms and 3 bathrooms, including a separate private primary suite
- Lower level includes 2 bedrooms, 1 bathroom, and a large living area
- Second attached property: slab‑on‑grade 2 bedrooms, 1 bathroom, with kitchen, living, dining, and separate garage
- Accessibility features include an accessible approach with ramp and 3' wide door openings in the second unit
Overview
The property is located in Crystal, Minnesota, in Hennepin County. The listing notes proximity to shopping, restaurants, service-oriented amenities, and highway access, and it is situated on an exceptionally large lot with tree coverage.
The separated attached configuration may appeal to buyers seeking an owner-occupant setup with rental flexibility or tenants/buyers looking for two independent living spaces within one property. The presence of dedicated entry/storage via a separate garage and the accessible door openings in the second unit are practical considerations for household or tenant comfort.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.3k | $19.80 |
| − Vacancy | −$4.6k | −$1.29 |
| EGI | $65.7k | $18.51 |
| − OpEx | −$19.7k | −$5.55 |
| NOI | $46.0k | $12.96 |
Alternative Uses
Current Use by Public Records
Map
- City
- Crystal
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.36359803
- Latitude
- 45.06443228